Flash Note nº 11

Dear subscriber [name],

We are sending our most recent Flash Note.

Highlights:

The macroeconomic scenario today is different from the expectations of most economic agents; likewise, our perspective at this moment is different from what we anticipated at the beginning of this year;
We believe that inflation will possibly end the year close to or above 20% if there is not a strong reaction from the monetary policy and also some recovery of the Kwanza.
Already including the effect of the currency crisis and partial removal of fuel subsidies, the non-oil economy should contract in Q3 and Q4.
In the case of oil production, our perspective is negative, but it has not worsened compared to the beginning of the year.

Best regards,
BFA

If you wish to cancel your subscription, please click here.

Company Headquarters
Rua Amílcar Cabral, 58, Maianga – Luanda
Telephone: 222 638 900 • Fax: 222 638 911
www.bfa.ao

Speak to us

Available 24 hours a day. If you have questions,
suggestions or complaints, talk to us.

Social Networks

This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may contain information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may constitute as attorney work product. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error (i) destroy this message if a hard copy or (ii) delete this message and any attachments if this is an electronic communication. This message and any attachments are the exclusive responsibility of the sender, and BFA cannot be held liable for any eventual consequences that may arise from it.